LOS ANGELES, July 23, 2020 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation on behalf of ECMOHO Limited (“ECMOHO” or the “Company”) (NASDAQ: MOHO) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On March 30, 2020, the Company announced preliminary financial results for fiscal 2019, reporting that revenue was between $329 million and $330 million and that net income was between $3.1 million and $3.7 million.
On this news, the Company's share price fell $4.91, or 46%, to close at $5.68 per share on March 31, 2020, on unusually heavy trading volume.
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If you purchased ECMOHO securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to email@example.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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